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, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of work and the proof one out of six people in poverty, the proof 32 million on food stamps to 47 million on food stamps the proof of that 50% of college graduates this year can't find work. >> paul: there's little doubt romney's commander performance helped the g.o.p. ticket. the question is, how much? let's ask wall street jou
you later on in the show and tonight's vice presidential debate, the tax discussion will be a key issue, the so-called $5 trillion tax cut for rich people. now, take a listen to former senator alan simpson in an exclusive interview only on cnbc today. >> you have a situation where grover norquist has obtained this pledge in the '80s, in the early '90s, he got this pledge that you wouldn't raise taxes under any circumstances unless they are commensurate with spending cuts and those guys are enthralled to him. >> best way to take that on is to reform the tax code, to broaden the base and simplify the code, to wipe out these tax expenditures and use that money to reduce rates. >> well, all right. lo looks like bowles supports the grover norquist idea which is the romney idea. sounds like simpson, as usual, is being very crotchety. let's get to the two guests to get to the hoe-down. dean baker from the center for economic and policy research and the aforementioned grover norquist, president of americans for tax freedom. first of all, grover, what is alan simpson talking about? >> well
on 2013 tax increases and the so-called "fiscal cliff." activity p.m., and how corporate money is affecting the congressional races this year. c-span brings you select a vice presidential debates from the past 25 years. here's the lineup. at 7:00, at dick cheney and john edwards. that is followed by then senator joe biden and sarah palin at washington university. at san 3:00 p.m., a vice president george bush and rep ferraro. at 11:45 p.m., and center dan lloyd and signaturesaid mr. bentsen. >> on the fourth day of being in office, a weaver sitting in the oval office. larry summers was looking at this year's budget. you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul r
on taxes, the economy, foreign policy, if you like. share portions of the debate with those in your community. you are welcome to do that on c- span.org and book for our debate held. tomorrow, the candidates are on the campaign trail. vice president biden with joe biden will be in wisconsin at 2:45 eastern time. paul ryan will be with mitt romney in lancaster, ohio, at 5:40 p.m. both of them will be airing on c-span. right now, it is time for us to play, in its entirety, tonight's presidential visit vice- presidential debate in kentucky. -- tonight's vice presidential debate in kentucky. i am martha raddatz. i am honored to moderate this debate between the two men who have dedicated much of their lives to public service. it is divided between domestic and foreign policy issues. i will move back and forth between foreign and domestic. we will have nine different segments. at the beginning of each segment, i will ask both candidates a question and they will each have two minutes to answer. i will encourage discussion between the candidate with follow-up question. it has been determine
that. you're also taxing the middle class under the ryan plan. that is disdain today. >> all right, dr. ruiz. so do you want a 30-second rebuttal of the campaign? >> of course, i do. this is critically important. was there police brutality or was there not? was it an elder or a child? these things, folks, are in the press. they are in "the boston herald," they are in the harvard newspaper. they are documented. they are written. they're spelled out for people to see. it is critically important that people know that who he's saying he is right now is not who he is. further, what i said in that email message was that the city councilman should have been held accountable for allowing durhamville to be the third-world condition that it was and that it continues to be. have your party release the entire interslew. -- interview. release the interview that exonerates me. >> we're down to the last couple of questions. elizabeth, you have the floor. >> dr. ruiz, in 2010 a bipartisan federal commission unveiled the plan to cut the nation's deficit by $4 trillion through a mix of tax increases and
sense. who do you trust on this? they're saying no, they're holding hostage the middle class tax cut to the super wealthy. just get out of the way. but it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsible responsible for their own lives. >> i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. have you ever seen me rope-a-dope. ♪ how you like me now ♪ how like me now ♪ how you like me now >> he came, he saw, and he told the truth, and the great pretender, paul ryan, was exposed after a no holds barred full out slugfest of a debate with vice president joe biden last night. and for democrats across the country, it is tgi biden, a man who brought the fight to congressman ryan with a huge heart and lethal honesty on everything from medicare to taxes, abortion, middle class opportunity, and foreign policy. and this afternoon the vice president landed in ryan's home turf of wisconsin hungry for more action going after romney/ryan on the 47%.
i know you're under a lot of duress to make up for lost ground. lower tax rates increase growth. >> now you're jack kennedy? >> the interruptions, the facial expressions, and the facts. we're going to have the high lights, the low lights, the arguments and a fact check as well on the candidates' claims. it's friday october 12th. "starting point" comes to you live from danville, kentucky. >>> good morning, welcome everybody. you're watching "starting point." we're coming to you live this morning from center college here in danville, kentucky. things last night right here were pretty heated between the vice presidential candidates, no one had a bad night. nobody was too polite. instead joe biden, paul ryan, simply let it fly and when it was over the american people scored it a draw. cnn/orc poll of debate watchers showed that 48% felt that paul ryan won. 44% said that the vice president joe biden won. of course that would be a statistical tie when you calculate in the margin of error. we begin with cnn's dana bash with some of the highlights of the night. good morning. >> good mor
and rescued general motors. we went ahead and made sure we cut taxes for the middle class. in addition to that, when that occurred, what did romney do? romney said, no, let detroit go bankrupt. we moved in and helped people refinance their homes. governor romney said, no, let foreclosures hit the bottom. but it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their lives. my friend recently in a speech in washington said 30% of the american people are takers. these people are my mom and dad, the people i grew up with, my neighbors. they may more effective tax than governor romney pays in his federal income tax. they are elderly people who in fact are living off of social security. they are veterans and people fighting in afghanistan right now who are, quote, not paying any taxes. i've had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing
it to a poll tax, they said this was a poll tax and would be voter suppression in texas and would not be happening there. like they are utilizing in other states. >> okay. so -- in the state of rhode island which i think -- my home state which is pretty controlled by the democratic party, they didn't see too much outrage there when they did it. i think when you look at every poll that's ever come out, 70% to 80% of americans support this, so i think that somehow equate showing a photo i.d. which in most states is given -- free if there is an issue with the person's economic condition, then somehow requiring people to show the same type of thing had would be required to get government assistance and get on an airplane and try government building and is actually a common sense move to ensure we maintain the integrity -- >> the basic right of an american isn't to fly, is it? >> i don't understand your question. >> your basic american right in certain things is to be able to vote. >> i don't understand how -- entering a government building, getting government benefits, things like tha
economy under when all the bush tax cuts phase out and all the automatic spending cuts kick lo millions of americans likely to lose their jobs and millions of american families likely to face thousands more in cobere l a slope. if congress doesn't move fast, kick the recovery or maybe the country goodbye it is the story that no one is talking about. you have mentioned it, but w linat tss ao ich it. >>guest: what is amazing to me, this is the most predictable, avoidable financial crisis we have ever had in the history of this country. you are so right, if the bush tax cu eirendhe mapng cgo i ,megma -- elimination of the a.t.m. affecting 30 million people, the tax holidays goes around, unemployment benits go away, usecon if "newrrendous, 7 york times" thinks this is going to be a slope, they are dreaming. that money will come out of their checks the first of the year. we will see a slow down. i suspect we are not onlyoin aip a rssnyo yo cit honeywell or j.p. morgan, everyone can see it. >>neil: i am listening to james dime from j.p. morgan setting aside $200illion plus lls par t ssitisome
immediately rescued general motors. we made sure we cut taxes for the middle class and in addition to that, and when that occurred, what did romney do? romney said, no, let detroit go bankrupt. we helped people refinance their homes. governor romney said, no, let foreclosures hit the bottom. it shouldn't be surprising for a guy that says 47% of the american people are unwilling to take responsibility for their own lives. my friend recently said 30% of the american people are takers. these people are, my mom and dad, the people i grew up with, my neighbors. they pay more taxes than governor romney pays in his federal income tax. they are elderly who are living off of soecial security. they are veterans. i've had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledging to grover nord quist not to ask the wealthiest to contribute to bring back the middle class, they should say to the middle class, we're going to level the playing field. we're going to give you a fair shot again. we are going to not repeat the mistakes we ma
tax cuts phase out and all the automatic spending cuts kick in, a one-two punch that the most optimistic economies say will not the recovery for a loop, millions of americans likely to lose their jobs and millions of american families likely to face thousands more in taxes. "new york times" says the cliff could be more like a slope. if congress doesn't move fast, kick the recovery or maybe the country goodbye. it is the story that no one is talking about. you have mentioned it, but we are looking at the abyss and no one is touching it. >>guest: what is amazing to me, this is the most predictable, avoidable financial crisis we have ever had in the history of this country. you are so right, if the bush tax cuts expire and all the automatic spending cuts go into play, meaning the himmation -- elimination of the a.t.m. affecting 30 million people, the tax holidays goes around, unemployment benefits go away, it will are horrendous, 14 of 17 economists now say it will put us in a recession and if "new york times" thinks this is going to be a slope, they are dreaming. that money will
two men who both came ready to tangle. >> i don't know what world these guys are in. >> on taxes. >> you can cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. >> reporter: on medicare -- >> if they allowed medicare to bargain for the cost of drugs like medicaid can, that would save $156 billion right off the bat. >> and it would deny seniors choices. >> reporter: on the president's foreign policy. >> when we look weak our adversaries are much more willing to test us, they're more brazen and our -- >> with all due respect that's a bunch of malarkey. >> reporter: he's preparing to make up for frz's mistakes last week, almost immediately launching the attack lines obama never used in his debate. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. >> my neighbors, they pay more effective tax than governor romney pays in his income tax. >> reporter: before the debate, cnn was told paul ryan's t
. they more effective tax than governor romney pays in his federal tax. they are veterans and people fighting in afghanistan right now who are quote not paying any taxes. it's about time they take some responsibility here. and instead of signing pledges to grove norquist not to ask the wealthy among u.s. to tribute to bring back the middle class, they need to say we are not going to repeat the mistakes we had in the past making sure we continue to hemorrhage these tax cuts for the super wealthy. they are pushing the continuation of a tax cut that will give an additional $500 billion n tax cuts to 120,000 families and they are holding hostage the middle class tax cut because they say we won't continue that tax cut unless you continue the tax cut for the super wealthy. >> mr. ryan. >> ryan: you know what the unemployment rate in scranton is today? >> biden: i sure do. >> ryan: it was 8.5% when you came in. >> biden: look, that's not how it is going. it is going down -- >> two-minute answer please. >> ryan: did they come in and inherit a tough situation? absolutely.
. and the administration's mixed messages. then there are the gaffes. >> how they can justify raising taxes in the middle class has been buried the last four years. >> reporter: they may give ryan fodder, analyst note the vice president performs better when the speaking time is limited. >> in debates; particularly, against sarah palin four years ago he was disciplined. i don't think -- i think the republicans will be unwise to count on a biden gaffe. >> reporter: fox learned that the vice president was all over the place in his first debate prep session. that's why david axelrod and other top obama aides took over the debate prep. bottom line, a little rusty after four years of not debating. i'm told by the top democrats he did at least six intensive debate prep sessions. they are confident he is ready tonight, bret. >> bret: okay, ed. thank you. the presidential candidates are taking something of a backseat to their running mate today. and getting ready for their own rematch next week. chief political correspondent carl cameron has that story. >> hello, miami! [ applause ] >> president a rayed suppor --
people are fat cats we need to tax them more and so oi don't think that this is a constructive relationship, i think you see that when a go i like steve wynn -- a guy like steve wynn finally had enough and erupts, steve wynn is a democrat he voted for barack obama and had close ties. so i think you see this as a equal opportunity, not a republican issue not a democrat issue but a frustration in the be community. neil: i think you hit the nail on the head. that it is a frustration on part of the business community, we have seen it coming out of likes of brokerage firms, ratio of almost 5 to 1 giving to mitt romney rather than guy they were drown to 4 years ago barack obama. we're seeing it evan high-tech executives, intel ceo saying that policies don't help us, so this seems to be spreading like like a wildfire, but mr. wynn's comes so north worthy he was not afraid to go out on the limb and be so publicly blunt about it, do you expect others to follow? >> it is difficult for others to do, that but privately you hear a lot of concern nation over this -- concern nation. neil: why
, plant closings, layoffs, outsourcing, income tax returns, cayman islands in the bermudas. they took a baseball bat and beat romney's brains and in the six or seven swing states and that is why his numbers are upside down and that is why he has had so many problems until now. why they did that i don't know. i've been asking that question since june and i just think it was a huge miscalculation and the romney campaign family intervention that politico reported the other day basically tried to introduce him. this is what they should've done and the intervention that was reported was that mrs. romney and tad romney the oldest son of mitt romney went to his father and said you have to change things. is that the essence of of the? >> yeah and the family have wanted to take the charlie cook approach and alluded to the fact that their big bad from the beginning, the stuart steven sperry, the chief strategist very in the campaign was that all you had to be was not obama and that turned out to be wrong. you see it in the different channels they are doing now. no, you have to be yourself and n
being unwilling to take responsibility. 82% of them pay their payroll taxes and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out the effective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to dea
that they are not going to cut taxes in way that willed a to the deficit, and i'll bet they are also claim that they are not going to raise taxes on the middle class, but they'll give the middle class a tax break. all of those lies we have heard before. and obamacare is a big government program. i don't think joe can be too aggressive. he doesn't have to be obnoxious. that's not his style anyhow. but he has to take on every single one of those. the other thing i think is is important for joe biden, i believe, that he has got to remember, that this is not for him. nobody is going to vote for him or paul ryan. if you are going to vote for just joe biden or paul ryan. if you want to vote for paul ryan and joe biden, you can't do that. it's not about paul or joe, it's about barack obama and mitt romney. and joe biden has to keep bringing it back to the fundamental choices. move forward with obama or move backward with mitt romney. i think joe has to make that point over and over and over again. and then i think it is important for us to realize that in the past there have
-end, point, where a number of provisions need to be dealt with. it is a massive combination of taxes and spending. we have the george w. bush era tax cuts that were extended two years ago and now expire at the end of the year. these are tax cuts that lower tax rates,hat impact americans all across the income scale. you have tax breaks on higher income, lower income that would shift if congress fails to act. there are middle-class tax breaks that are part of that. congress does not do anything, almost everyone's taxes would go off. there is a sizeable package of spending cuts to the federal government, 100 billion for the next fiscal year that would hit several departments evenly across the pentagon and domestic agencies. these spending cuts were the product of white listeners would remember as the debt ceiling negotiations -- of what listeners would remember as the debt ceiling debate where leaders could not get the debt load under control and they essentially said all right, since we fail to come up with a plan to a month next year we will automatically trigger these -- to come up w
a tax break to send their kids to college. that's why they arrived. >> is he wrong about that? >> he is wrong about that. you can cut tax rates by 20% and still preserve important references for middle-class taxpayers. >> it isn't mathematically possible. >> it isn't. it's been done before. >> it has never been done before. >> it's been done a couple times. >> now you're jack kennedy. >> ronald reagan -- >> okay. good morning. >> i missed that one. >> good morning. welcome to "morning joe." it's friday, october 12th. with us on set, we have the former governor of vermont and former chairman of the democratic national committee, howard dean. and contributor to "newsweek" and the daily beast and former adviser to george w. bush, mark mckinnon. >> wait. no, hold on. what is that, willie? >> it's fair to call it the mexican scarf. >> willie and i both were thinking about wearing that yesterday, but we were afraid we'd come to the set wearing the same thing. >> yes. maybe mark feels the need to distract this morning. >> distracting. let's see what al hunt is wearing this morning. >> washi
-- raise everybody's taxes. he took it -- he looked right into the land and says i'm going to raise your taxes. he has had a lot of experience in that and he is going to go ahead and do it. but remember the statement from london johnson when he was looking around at why his party people weren't supporting him. -- lyndon johnson. he said they paid their tails white and ran with the envelopes. there are a lot of democratic tales running with the antelopes. not one single democrat has introduced the mondale tax bill into the congress. of course i support the president's economic program and i support him and everything else. i'm not sure because of my concept of the vice presidency that if i didn't i would go doing what mr. mondale has done with jimmy carter -- jump away from it. i could not do that to ronald reagan now, next year, or any other time. i have too much trust in him, too much friendship for him, and i would feel very uncomfortable doing it. >> some republicans have criticized mr. mondale for saying he disagreed privately with jimmy carter's decision to impose a grain embargo. h
of comfort with voters. the obama campaign guns in. plant closings, layoffs, outsourcing, income tax returns. they take a baseball bat in beat romney's brains in in the six or seven swing states. that is why his numbers were upside down. why they did that i do not know. i have been asking that question since june. it was a huge miscalculation. the romney campaign family intervention try to introduce him -- this is what they should have done back in may or june. >> mrs. romney and the oldest son of mitt romney went to the father and said to have to change things. >> for a long time, the family had wanted to take the charlie cook approach. chris wallace alluded to the fact that their big bet from the beginning was that all you had to be was not obama. that turned out to be wrong. we can see in the different channels that they are doing now. you have to be yourself in addition to not being obama. >> let me explain. a lot of you do not know who stuart stevens is. he is a republican strategist from mississippi. he was a hollywood writer. he used to write "northern exposure." he has written a coup
today with the threat of higher interest rates and a losing a dollar and much higher tax rates. we know that we are giving the students here at this academy, our children and grandchildren, a lower standard of living. we've never done that in this country before. host: vice-presidential candidate paul ryan in new hampshire at a recent event. here's what you might hear from the vice-president joe biden at tonight's debate. this is from a recent campaign stop in florida. [video clip] >> there is no quit in america, folks. ladies and gentlemen, that's why i know i'm not the only one who was offended to hear governor romney write off nearly half the country is in his statement about 47% of the people being dependent. if you read the book congressman ryan has written with two other leading young members of the republican party, they talk about -- the title of the book is "young guns," and they talk about this culture of dependency in america without acknowledging that all those people -- of the 47%, 82% to pay federal taxes, the remaining 10% are seniors on social security who don't have to
were not honored. >> they're pushing continuation of tax cuts giving an additional $500 billion in tax cuts to 120,000 families. and they're holding hostage a middle class tax cut because they say we won't pass and won't continue the middle class tax cut unless you give the tax cut to the super wealthy. it's time they take responsibility. >> do you know what the unemployment rate in scranton is today? >> i sure do. >> 10%. when you came into office it was 8.5% this, is going like this around america. >> that is not how goitsing. >> they talk about the great recession like it fell out of the sky. it came from this man voting to put two wars on a credit card at the same time put a prescription drug benefit on a credit card. a trillion dollar tax cut for very wealthy. >> you're going to cut tax rates and preserve for middle class taxpayer. >> it's not mathematically possible. >> it's been done a couple times. >> never been done. >> ronald reagan. >> middle class got knock ond their heels. the great recession crushed them. they need help now. >> next time you hear them say don't worry abou
choices. his economic agenda, more spending, borrowing, higher taxes, a government takeover of health care -- it is not working. it has failed to create the jobs we need. 23 million americans are 23 million americans are looking for work today. this is not what a real recovery looks like. you deserve better. mitt romney and i want to earn your support. we are offering real reforms for a real recovery for every american. mitt romney, his experience, his ideas, his solutions is uniquely qualified to get the job done. at a time we have a jobs crisis until a america, would it not be nice to have a job creator in the white house? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that provides opportunity and jobs. mitt romney and i will not duck the tough issues. we will not blame others for the next four years. we will take responsibility. we will not try to replace our founding principles. we will reapply our founding principles. the choice is clear. the choice rests with you. we ask you for your vote. thank you. >> thank you both a
Search Results 0 to 49 of about 289 (some duplicates have been removed)